S&P 500 Technical Analysis & Trading OutlookCurrent Price: 6,715.20 | Date: October 4, 2025
๐ MARKET OVERVIEW
The S&P 500 is trading at 6,715.20, hovering near historical resistance zones. This analysis integrates multiple technical frameworks to provide actionable insights for both intraday and swing traders.
๐ MULTI-TIMEFRAME TECHNICAL ANALYSIS
Monthly & Weekly Perspective (Swing Trading)
Elliott Wave Analysis:
The index appears to be in a Wave 5 extension of a broader bullish impulse from the 2022 lows
Monthly chart shows potential exhaustion signals as we approach the 6,750-6,800 resistance cluster
Wave structure suggests a possible corrective phase (ABC) may initiate in Q4 2025
Ichimoku Cloud (Weekly):
Price trading above the cloud - bullish structure intact
Tenkan-sen (9): 6,682 | Kijun-sen (26): 6,591
Future Senkou Span projects resistance at 6,780-6,820
Key Support Levels (Swing):
6,620 - Kijun-sen weekly support
6,480 - 50-week EMA (critical long-term support)
6,350 - Monthly pivot & Wyckoff accumulation zone
6,180 - 200-week MA (major bull/bear line)
Key Resistance Levels (Swing):
6,750 - Psychological resistance & Gann 1x1 angle
6,820 - Ichimoku cloud projection
6,945 - Fibonacci 1.618 extension from August lows
Daily & 4-Hour Perspective
Wyckoff Analysis:
Current phase suggests late distribution (UTAD - Upthrust After Distribution)
Volume declining on recent rallies - potential weakness
Accumulation zone identified: 6,480-6,550 for re-entry
Harmonic Patterns:
Bearish Bat pattern forming on the 4H chart
PRZ (Potential Reversal Zone): 6,740-6,760
Bearish divergence on RSI confirming pattern validity
Bollinger Bands (Daily):
Price at upper band (6,735) - overextended
Band width expanding - increased volatility expected
Middle band support: 6,580
Volume Analysis:
VWAP (Anchored from September low): 6,612
Volume profile shows weak volume above 6,700
High volume node (HVN) at 6,550-6,600 - strong support
Intraday Analysis (1H, 30M, 15M, 5M)
Current Intraday Setup:
RSI (Relative Strength Index):
1H RSI: 67.8 (approaching overbought)
15M RSI: 72.3 (overbought territory)
Bearish divergence forming on 30M chart
Moving Averages:
Death Cross Warning: 50 EMA approaching 200 EMA on 4H chart
1H: 20 EMA (6,698) acting as immediate support
5M: Price oscillating around 50 EMA (6,712)
Gann Analysis:
Gann Square of 9: Next resistance at 6,728 (45ยฐ angle)
Time cycle suggests potential reversal window: October 7-9, 2025
Price/Time square approaching - expect volatility spike
Candlestick Patterns (Recent):
Evening Star formation on 4H chart (bearish reversal)
Long upper wicks on 1H chart - rejection at resistance
Doji formation on daily - indecision
๐ฏ TRADING STRATEGIES
INTRADAY TRADING SETUP (Next 5 Trading Days)
Bearish Scenario (Higher Probability - 65%):
Entry Zones:
Primary Short Entry: 6,725-6,735 (upon rejection)
Secondary Short Entry: 6,750-6,760 (if breakout fails - bull trap)
Stop Loss:
Above 6,775 (invalidation level)
Profit Targets:
TP1: 6,680 (20 EMA support - 1H)
TP2: 6,650 (VWAP anchor)
TP3: 6,620 (Kijun-sen weekly)
TP4: 6,580 (Daily BB middle band)
Risk-Reward Ratio: 1:3 minimum
Confirmation Signals:
Break below 6,700 with increased volume
RSI crosses below 50 on 1H chart
MACD bearish crossover on 30M
Bullish Scenario (Lower Probability - 35%):
Entry Zones:
Long Entry: 6,680-6,690 (upon bounce from 20 EMA)
Aggressive Long: 6,650-6,660 (VWAP retest)
Stop Loss:
Below 6,635
Profit Targets:
TP1: 6,720 (resistance retest)
TP2: 6,750 (psychological level)
TP3: 6,780 (Ichimoku cloud resistance)
Confirmation Signals:
Volume surge on bounce
RSI bullish divergence on 15M
Break above 6,720 with strong momentum
SWING TRADING SETUP (2-4 Week Outlook)
Primary Strategy: SELL ON RALLY
Phase 1 - Distribution (Current):
Expect choppy price action between 6,680-6,750
Ideal swing short entry: 6,735-6,760
Stop loss: 6,820
Target: 6,480-6,550 (Accumulation zone)
Time horizon: 2-3 weeks
Phase 2 - Accumulation (Upcoming):
Watch for bullish reversal patterns in 6,450-6,550 zone
Potential H&S inverse or double bottom formation
Long entry upon confirmation
Target: 6,850-6,950 (Next impulse wave)
Time horizon: 4-8 weeks
โ ๏ธ RISK FACTORS & MARKET CONTEXT
Trap Alert:
Bull Trap Risk: HIGH above 6,750
Weak volume at resistance suggests false breakout potential
Head and Shoulders pattern forming on 4H chart
Bear Trap Risk: MODERATE below 6,650
Strong support zone with high volume profile
Potential quick reversal if broken
Geopolitical & Macro Factors:
Fed policy uncertainty - rate decision impact expected mid-October
Q3 earnings season beginning - volatility spike likely
Geopolitical tensions may trigger safe-haven flows
Seasonal October volatility historically present
Volume Volatility Assessment:
Current State: Declining volume on rallies (bearish)
Expected: Volume spike at 6,750 resistance or 6,650 support
Strong Trend Confirmation: Sustained volume >15% above 20-day average
๐ฏ TRADING PLAN SUMMARY
For Next Week (Oct 4-11, 2025):
Monday-Tuesday: Expect resistance at 6,725-6,735. Look for short opportunities on rejection.
Wednesday-Thursday: Gann time cycle window - increased volatility. Watch for break of 6,700 or 6,750.
Friday: Weekly close crucial - below 6,680 confirms bearish bias; above 6,750 invalidates short setup.
Optimal Strategy:
Sell rallies into 6,730-6,750 resistance
Wait for confirmation - don't chase
Manage risk strictly - volatile market conditions
Scale into positions - don't enter full size immediately
๐ก TRADER'S EDGE
Pattern to Watch: The confluence of:
Bearish Bat harmonic completion
RSI divergence
Wyckoff distribution phase
Weak volume at resistance
Gann time/price square
Creates a HIGH-PROBABILITY SHORT SETUP at 6,735-6,760
Critical Levels This Week:
Bull Control: Hold above 6,700
Bear Control: Break below 6,650
Decision Zone: 6,675-6,725
๐ DISCLAIMER
This analysis is for educational purposes only. Trading involves substantial risk of loss. Always use proper risk management, never risk more than 1-2% of your capital per trade, and consider your own risk tolerance and trading plan. Past performance does not guarantee future results.
Stay disciplined. Trade the plan. Manage your risk.
US500FU trade ideas
SPX - That's all folks?The world has gone nuts, but markets didn't even blink.
Now the SPX has reached it's U-MLH, which means, it's at a real extreme.
This is a level where price starts to stall, then turn.
Often we see "a last attempt" to break through, and it really could happen. But then, gravity again takes it's toll and the rocket starts to turn south.
Here are the scenarios I see:
1. Immediate turn at the U-MLH. Target is the Centerline.
2. A break of the U-MLH, then back into the fork and a fall down to the Centerline.
3. Break the U-MLH, continuation to the WL1.
The most unlikely would be 3.
In my view, Party People should have left allready, but they refused to.
And that's why this time headaches will be the least problem they face.
Wating for a short signal, to load up heavy.
SPX500 โ Bearish Below 6,662 as Shutdown Risks Cloud Fed OutlookSPX500 โ Overview
SPX500 is trading cautiously as Wall Street weighs the risk of a potential U.S. government shutdown and the Fedโs next policy steps.
The lack of clarity over upcoming economic dataโespecially if NFP is delayedโadds to volatility and makes short-term moves highly data- and headline-driven.
Technical Outlook
The index has stabilized below the 6,662 pivot, which supports ongoing bearish momentum.
โ As long as price stays under 6,662, downside targets are 6,635 and 6,617, with a further extension toward 6,580 if momentum accelerates.
However, if price stabilizes above 6,673, the bullish trend could resume toward 6,699 and higher.
Pivot: 6,662
Support: 6,635 โ 6,617 โ 6,580
Resistance: 6,674 โ 6,699 โ 6,742
The S&P 500 Index Remains Positive Against the OddsThe S&P 500 Index Remains Positive Against the Odds
Today, the S&P 500 Index is trading close to a new all-time high, having opened Monday above 6,675 points. This reflects continued optimism among market participants despite factors such as:
โ The risk of a U.S. government shutdown on 1 October.
Today, President Trump will meet with Democratic and Republican leaders in Congress to try to prevent a halt to government funding. However, Reuters reports that chances of reaching an agreement are slim. At the same time, Bank of America analysts remain calm, noting that a shutdown would shave only around 0.1% off GDP per week, and historically such closures have had little impact on financial markets.
โ Jerome Powellโs hawkish stance at the September Federal Reserve meeting.
Nevertheless, most market participants expect the Fed to make another move towards cutting rates at its next meeting on 29 October. The publication of the PCE index on Friday increased this likelihood, as the figures came in line with forecasts, reducing the risk of a renewed inflation surge.
Technical Analysis of the E-mini S&P 500 Chart
On 17 September, analysing the 4-hour chart of the S&P 500 Index, we noted:
โ the price continues to fluctuate within an ascending channel, highlighted in blue;
โ the long body of the bullish candle on 11 September points to strong buyer pressure, indicating an imbalance, or, in Smart Money Concept terminology, a Fair Value Gap (FVG).
At present, the channel remains relevant, but it has expanded โ bullish sentiment has shifted the key line (marked in orange) from resistance to support. At the same time, the FVG zone has confirmed its role as support.
Possible developments: the chart indicates a buyer advantage:
โ strong demand near the channelโs median (evident in the long lower shadows from Friday, marked with an arrow);
โ buying activity has been strong enough to push the price back (for now) within the ascending channel.
If buyer dominance continues, this could lead to a new all-time high, testing the upper boundary of the channel. From a bearish perspective:
โ the psychological level of 6,700 could act as resistance;
โ continued growth at Mondayโs open could push the RSI indicator into overbought territory, creating potential for a correction.
However, as long as the S&P 500 Index remains above the orange support line, there is reason to believe that the bulls remain in control.
This article represents the opinion of the Companies operating under the FXOpen brand only. It is not to be construed as an offer, solicitation, or recommendation with respect to products and services provided by the Companies operating under the FXOpen brand, nor is it to be considered financial advice.
My view on S&P 500Looking at the structure, I think the S&P 500 may first pull back to retest the support zone, just as it did in April of this year when price dipped to that same area before continuing higher.
This time, the support and the 50-week SMA are aligning together, creating a strong confluence that could serve as a base for the next upward move.
From there, my view is that SPX could rebound and eventually push into a new all-time high around 7,000.
๐ฏ Conclusion: My outlook is constructive โ I expect SPX to repeat its April-like retest, find strength at the confluence of support and the 50 SMA together, and then rally toward the 7,000 level. Still, markets are unpredictable, and this remains only my view.
๐ For more structured market insights and professional analysis, follow along.
S&P 500 JUST FLASHED THIS SIGNAL FOR THE FIRST TIME SINCE 1993!!In this video, we're back on the three month chart of the S&P 500 and the data that just came through in this chart tells us a lot about what we could see in 2026 as far as a market correction and what to expect in the next bull market cycle!!!
S&P 500: Rising Wedge signals movement before NFP๐ BLUEBERRY:SP500 | Rising Wedge + Non-Farm Payrolls: Which breakout scenario is more likely?
A Rising Wedge pattern is forming on the 30-minute chart of US SPX 500, with price approaching the convergence point of two trendlines. This pattern typically signals weakening bullish momentum but doesnโt rule out a breakout to the upside ๐.
๐ Technical Analysis:
โข Price is consolidating within a narrowing channel, forming a Rising Wedge ๐บ.
โข Key support lies between 6717 - 6734 (lower blue zone) ๐ก๏ธ.
โข Target zone on a breakout to the upside is 6767 - 6775 (upper blue zone) ๐ฏ.
โข The pattern signals an imminent breakout, but confirmation with a candle close beyond the wedge is needed ๐.
๐ Non-Farm Payrolls Impact:
โข If NFP comes in below expectations, the market may react positively (break up) on hopes of Fed easing monetary policy ๐ต๐.
โข Conversely, a higher-than-expected NFP could increase downside pressure (break down from the wedge) ๐โ ๏ธ.
๐ก Trade Setup:
โข Enter a BUY position once price breaks above 6733 with confirming high volume ๐ฅ.
โข Place stop loss below support at 6716 to manage risk ๐ง.
โข Target area between 6770 - 6775 ๐ฏ.
๐ Summary:
The Rising Wedge on SPX 500 points to a breakout soon, with the NFP report acting as a key catalyst. Wait for confirmation and manage your risk carefully โ
.
Please like and comment below to support our traders. Your reactions will motivate us to do more analysis in the future ๐โจ
Harry Andrew @ ZuperView
SPX500 โ Bullish Bias Holds Above 6,680SPX500 โ OVERVIEW
The price pushed higher last week following the PCE and GDP results, though uncertainty remains over a potential Fed rate cut at the next meeting.
Overall, the short-term trend remains bullish.
Upside Scenario:
Price is expected to test 6,699 and 6,708.
A confirmed break above these levels would open the way toward the next key target at 6,742.
Range Scenario:
If the index fails to hold above 6,700, expect consolidation between 6,700 and 6,672 until a decisive breakout occurs.
Pivot: 6,680
Resistance: 6,699 โ 6,708 โ 6,742
Support: 6,680 โ 6,662 โ 6,634
Bear trap....SPX to fall soonToday was somewhat decent, but let's not get too giddy! There's looming Gov shutdown on Wed and a few sizable calls on the VIX on the tape. We can see technicals showing a decline, at least in the short term, and I guess we'll see what happens post-Wed. One thing is for sure is that we are overdue a nice healthy pullback. Would not bet the farm on AI esp. with astronomical CAPEX, and highest concentration ever in the market. Best of luck!
Falling towards 50% Fibonacci support?S&P500 (US500) is falling towards the pivot, which acts as an overlap support that aligns with t e 50% Fibonacci retracement and could bounce to the 1st resistance which has been identified as a swing high resistance.
Pivot: 6,630.87
1st Support: 6,557.19
1st Resistance: 6,696.24
Disclaimer:
The above opinions given constitute general market commentary, and do not constitute the opinion or advice of IC Markets or any form of personal or investment advice.
Any opinions, news, research, analyses, prices, other information, or links to third-party sites contained on this website are provided on an "as-is" basis, are intended only to be informative, is not an advice nor a recommendation, nor research, or a record of our trading prices, or an offer of, or solicitation for a transaction in any financial instrument and thus should not be treated as such. The information provided does not involve any specific investment objectives, financial situation and needs of any specific person who may receive it. Please be aware, that past performance is not a reliable indicator of future performance and/or results. Past Performance or Forward-looking scenarios based upon the reasonable beliefs of the third-party provider are not a guarantee of future performance. Actual results may differ materially from those anticipated in forward-looking or past performance statements. IC Markets makes no representation or warranty and assumes no liability as to the accuracy or completeness of the information provided, nor any loss arising from any investment based on a recommendation, forecast or any information supplied by any third-party.
S&P 500 (SPX / US500) โ Late Cycle Top FormingAnalysis Date: October 2025
Analyst View: Potential downtrend start within 2 - 6 weeks
๐งญ Market Outlook (2025 โ 2026)
Scenario Probability Expected Move Timing
๐ฅ Base Case โ Late-Cycle Correction 45 % -18 % to -25 % โ 5,400โ4,800 zone OctโNov 2025 start
๐ฉ Bullish Extension โ Blow-Off Phase 30 % +5 % to +10 % โ 7,000โ7,300 Oct 2025 โ Q1 2026
๐ฅ Bearish Shock โ Deep Recession Phase 15 % -30 % to -40 % โ 4,000โ3,800 Dec 2025 โ Mid 2026
๐จ Sideways / Range Consolidation 10 % 6,400โ5,800 Oct 2025 โ Mid 2026
---
๐ Technical Levels to Watch
Level (USD) Significance
6,800โ6,750 Major resistance / top zone
6,550 Breakdown trigger
6,200 Mid-channel support
5,400โ5,300 Correction target
4,850โ4,800 Bearish completion zone
7,200 Bullish invalidation level
---
๐ Key Technical Signals
Rising wedge + channel top = exhaustion pattern
Weekly RSI divergence confirming overextension
VIX > 20 = risk-off confirmation
Advance/Decline line not confirming new highs
Volume divergence and failed breakout = early trigger
---
๐งฉ Macro + Cycle Alignment
Cycle / Theme Current Phase (as of Oct 2025) Impact
18-Year Housing Cycle Peak (2024 โ 2026) Credit stress emerging
Business Cycle Late expansion โ slowdown Earnings compression risk
Liquidity Cycle Tight but easing expectations Delay in Fed cuts = bearish
Tech/AI Bubble Wave Euphoric phase Prone to sharp rotation
Fiscal Cycle Heavy deficits Yield curve volatility โ
---
โ๏ธ Confirmation Checklist
โ Weekly close below 6,550
โ VIX > 20
โ Breadth deterioration (A/D line weak)
โ 10-Year yield > 4.8 %
โ Housing data rolling over
โ Credit spreads widening
Powell cutting rates? But why would he?๐ Powell cutting rates? 100% priced in. Even talk of 1โ2% slashes. But why would he?
Letโs look at what the media ignores:
๐ฎ๐ณ Reports suggest India plans to cut its US Treasury holdings by up to 50% by 2025. That could mean roughly $450B hitting the market. Whoโs going to buy that debt? The Fed? Theyโre already running negative equity โ something that would be called insolvency for any private company.
Lowering rates would allow the US government (and its billionaire buddies) to borrow even more cheap money โ not to fix the economy, but to speculate, pump Bitcoin, and trash the dollar further. Inflation? Even worse.
The US economy shows all the symptoms of a recession: layoffs rising, real wages falling, manufacturing shrinking. Official GDP numbers still look positive, but letโs not forget those โrevisionsโ that always come later. Translation: the data is constantly massaged.
So whatโs the real goal? Probably to juice the housing market. But letโs be honest: US mortgage rates today are just average by historical standards. Russiaโs rates are higher, yet their currency and balance sheet look healthier because they donโt live off endless money printing.
The core problem is clear: reckless dollar printing to protect billionaire portfolios. And Powell? If he truly had conviction, he wouldnโt touch the rate at all.
US500: 7K ASSAULT BEGINS! Mega Bull Flag Breakout ๐ US500: 7K ASSAULT BEGINS! Mega Bull Flag Breakout ๐
Current Price: 6,646.2 | Date: Sept 27, 2025 โฐ
๐ INTRADAY TRADING SETUPS (Next 5 Days)
๐ฏ BULLISH SCENARIO
Entry Zone: 6,630 - 6,650 ๐
Stop Loss: 6,590 ๐
Target 1: 6,720 ๐ฏ
Target 2: 6,780 ๐
๐ฏ BEARISH SCENARIO
Entry Zone: 6,670 - 6,690 ๐
Stop Loss: 6,720 ๐
Target 1: 6,580 ๐ฏ
Target 2: 6,520 ๐
๐ TECHNICAL ANALYSIS BREAKDOWN
๐ KEY INDICATORS STATUS:
RSI (14): 61.2 โก *Bullish Momentum Building*
Bollinger Bands: Coiling for Expansion ๐ฅ
VWAP: 6,635 - Acting as Launch Pad ๐ช
EMA 50: 6,610 โ
*Golden Cross Confirmed*
Volume: Institutional Accumulation ๐
๐ WAVE ANALYSIS:
Elliott Wave: Wave 4 Triangle Complete ๐
Target: Wave 5 Extension to 7,000+ ๐ฏ
๐ HARMONIC PATTERNS:
Bullish Butterfly at 6,600 Support โจ
ABCD Pattern targeting 6,780 ๐
โ๏ธ SWING TRADING OUTLOOK (1-4 Weeks)
๐ BULLISH TARGETS:
Psychological: 7,000 ๐
Monthly Target: 6,850 ๐
Gann Resistance: 6,900 โญ
๐ BEARISH INVALIDATION:
Weekly Support: 6,550 โ ๏ธ
Critical Level: 6,480 ๐จ
๐ญ MARKET STRUCTURE:
Trend: Ascending Triangle ๐ช
Momentum: Coiling Energy ๐ฅ
Wyckoff Phase: Spring Loading ๐
Ichimoku: Bullish Cloud Break ๐ข
๐ MEGA PATTERN ALERT:
Bull Flag Pole: 6,400 โ 6,700 ๐
Flag Consolidation: 6,600-6,680 ๐ฉ
Breakout Target: 6,980 (300pt move!) ๐ฅ
โก RISK MANAGEMENT:
Max Risk per Trade: 1.5% ๐ก๏ธ
R:R Ratio: Minimum 1:2.5 โ๏ธ
Breakout Confirmation: 6,690 close ๐
๐ MARKET CATALYSTS:
Q3 Earnings Beating Expectations ๐
Fed Dovish Stance Supporting Risk-On ๐๏ธ
Economic Resilience Narrative Strong ๐ผ
๐ฅ KEY LEVELS TO WATCH:
Breakout Zone: 6,680-6,700 ๐ฅ
Support Cluster: 6,620 | 6,580 | 6,550 ๐ก๏ธ
Resistance: 6,720 | 6,780 | 6,850 ๐ง
๐ฏ FINAL VERDICT:
S&P500 primed for EXPLOSIVE 7K RALLY! ๐
Bull flag completion = 300+ point surge! ๐ฏ
Multiple timeframes align perfectly! ๐
Trade Management: Scale into dips above 6,620 ๐
Breakout Alert: Watch 6,690 decisive close! ๐
---
*โ ๏ธ Disclaimer: High-risk trading. Use strict risk management. Educational analysis only.*
For individuals seeking to enhance their trading abilities based on the analyses provided, I recommend exploring the mentoring program offered by Shunya Trade. (Website: shunya dot trade)
I would appreciate your feedback on this analysis, as it will serve as a valuable resource for future endeavors.
Sincerely,
Shunya.Trade
Website: shunya dot trade
๐ Follow for 7K Journey Updates | ๐ฌ What's Your 7K Timeline?
SPX 500 Swing/Day Trade Plan | Bullish Layers & Risk Guardโจ SPX 500 Index | Market Wealth Strategy Map (Swing/Day Trade) โจ
๐จ Plan: Bullish bias with Thief Strategy (layered limit entries).
๐น๏ธ Style: Multiple buy-limit orders placed at different levels (โlayering methodโ for smarter entries).
๐ฏ Entry Plan (Layered Thief Style)
๐ Buy Limit Layers: 6660, 6680, 6700, 6720
โ You can add more layers if market conditions allow.
๐ง Idea: Scaling in like a true Thief ๐ถ๏ธ โ stealing the best spots!
๐ Stop Loss (SL)
Thief SL: @ 6640
โ ๏ธ Note: Dear Ladies & Gentlemen (Thief OGโs), Iโm not recommending you to use only my SL.
Itโs your money โ your choice โ your risk management.
๐ฏ Target (TP)
Primary Target: @ 6900
๐ Why? Shockwave resistance โก + overbought zones ๐ + liquidity traps ๐ชค.
โ๏ธ Again, itโs your choice to set your own TP โ escape with profits when you feel comfortable!
๐ Related Pairs & Correlations to Watch
CAPITALCOM:US500 / SP:SPX / CME_MINI:ES1! โ Direct correlation to SPX 500.
NASDAQ:NDX / NASDAQ 100 โ Often leads tech momentum, affects SPX swings.
TVC:DXY (US Dollar Index) โ Strong dollar = pressure on indices. Weak dollar = fuel for bulls.
CAPITALCOM:US30 (Dow Jones) โ Sometimes diverges from SPX, offering confluence signals.
TVC:VIX โ Volatility Index โ spikes = watch out for fakeouts / liquidity grabs.
๐ก Key Takeaways
โ
Thief layering entry style = Scaling smarter, not harder.
โ
SL/TP = Flexible to your own trading psychology & risk appetite.
โ
Always respect risk management & donโt copy-paste blindly.
โ
Remember: markets love traps โ be the thief, not the victim.
โจ โIf you find value in my analysis, a ๐ and ๐ boost is much appreciated โ it helps me share more setups with the community!โ
โ ๏ธ Disclaimer: This is a Thief-style strategy shared just for fun & market learning purposes.
Not financial advice โ trade at your own risk!
#SPX500 #US500 #SP500 #SPX #ThiefStrategy #DayTrading #SwingTrading #IndexTrading #MarketAnalysis #StockMarket
S&P 500 Daily Chart Analysis For Week of Oct 3, 2025Technical Analysis and Outlook:
In the previous weekโs trading session, the S&P 500 Index demonstrated a significant increase in upward price activity, rebounding from the Mean Support level of 6585. The index not only retested but also exceeded our primary target set at Key Resistance of 6693 and the Inner Index Rally level of 6704.
At present, the index is situated just below the newly established Key Resistance level of 6750, and it appears to be on track to complete the Outer Index Rally at 6768, indicating the potential for further upward momentum in the near future that could extend to the subsequent Outer Index Rally target of 6946.
It is essential to recognize that upon achieving the Key Resistance target of 6750 and the Outer Index Rally target of 6768, there may be an ensuing pullback toward the Mean Support level of 6675. Furthermore, there is a possibility of a further decline that could extend to the Mean Support target of 6604.
How far Spx can go? My guess is 9000 point by March 2027Gann cycles are telling me that if the liquidiy in the system carries on we can see a bullish 2026 and the top of the market in March 2027.
After that I expect a major crash. Therefore, I could tell that 1929 crash is on the horizon but this time a little bit earlier.
If I am Ok, we could see 2027 top and two years of sell off in the market.
S&P 500 โ Steady Uptrend Within Rising ChannelThe S&P 500 continues to grind higher within a well-defined rising channel, holding above both the 50-day SMA (6,486) and the 200-day SMA (6,023), which reinforces the broader bullish structure. Price action has respected the channel boundaries since May, with the recent bounce off the mid-line suggesting buyers remain in control.
Momentum indicators support the bullish bias:
MACD is positive, showing steady upside momentum.
RSI sits near 68, not yet overbought but approaching elevated levels, hinting at a possible test of the channelโs upper boundary.
As long as price holds above the 6,600 zone, the path of least resistance remains higher, with the channel top near 6,800 as the next potential target. A break below the channel support, however, could trigger a corrective pullback toward the 6,450โ6,500 area, aligning with the 50-day SMA.
Overall, the trend remains bullish, with dips likely to be treated as buying opportunities while the channel structure holds. -MW
S&P 500 (SPX) Remains Bullish and Should See Support in 3, 7, 11The short-term Elliott Wave analysis for the S&P 500 (SPX) indicates that the cycle starting from the August 2, 2025 low is unfolding as a five-wave structure. From that low, wave ((i)) concluded at 6481.34. The subsequent pullback in wave ((ii)) developed as a running flat Elliott Wave pattern. In this structure, wave (a) declined to 6343.86, wave (b) rallied to 6508.23, and wave (c) fell to 6360.3, completing wave ((ii)) at a higher degree.
The Index then advanced in wave ((iii)). From the wave ((ii)) low, wave (i) reached 6532.65, followed by a dip in wave (ii) to 6443.98. The Index climbed higher in wave (iii) to 6626.99, with a pullback in wave (iv) ending at 6551.15. Wave (v) then pushed to 6699.52, finalizing wave ((iii)). Currently, wave ((iv)) is correcting the cycle from the September 2, 2025 low, expected to unfold in a 3, 7, or 11 swing pattern before the Index resumes its upward trajectory. In the near term, as long as the pivot low at 6360.3 holds, dips should attract buyers in a 3, 7, or 11 swing structure, supporting further upside.
S&P 500 Daily Chart Analysis For Week of Sep 26, 2025Technical Analysis and Outlook:
During the aforementioned week's trading session, the S&P 500 Index experienced a notable decline after reversing near the Inner Index Rally level of 6704, which resulted in a vigorous drop to our designated Mean Support target of 6585. The index is currently moving towards the established Key Resistance target of 6693 and is positioned to fully complete the Inner Index Rally at 6704, presenting the potential for additional upward momentum that could extend to the Outer Index Rally level of 6768.
It is imperative to recognize, however, that upon reaching the Key Resistance target of 6693 and the Inner Index Rally at 6704 targets, we may observe a retest pullback toward the Mean Support level of 6585, with the possibility of a further decline extending to the Mean Support target at 6485.